Breakup of the channel.... typical. And besides this breakup of this channel the other indexes, namely XLF and IWM reveal weekness... Market holding because of ge´s and ibm´s? I am calling the top here.
Long USDCAD, Short EURUSD and other indexes...
With Sep Hike Looking Probable, Equity Bulls May Have Hard Time To Continue
To Sell Story Of Unsustainable Profit Growth Of Last 2 Quarters
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An interest-rate hike next month is looking like a certainty. Warsh’s
hawkish posture on inflation, which has remained above the Fed’s target for
more than...
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